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26 July 2012 - 26 October 2012 At the same time that China’s economy no longer benefits from these three favourable conditions, it must recover from the dislocations – asset bubbles and inflation – caused by Beijing’s excessive pump priming in 2008 and 2009, the biggest economic … [Read more...] about Leithner Letter Nos. 151-154

26 April 2012 - 26 June 2012 Is lying considered an appropriate mode of communication for euro-zone leaders? Asked whether deliberate misinformation would undermine the market’s confidence in future euro-zone pronouncements, [Guy Schuller, the spokesman for Luxembourg Prime … [Read more...] about Leithner Letter Nos. 148-150

23 December 2011 - 23 March 2012 I consider economic laws comparable to natural laws, and I have just as much faith in the principle of the division of labor as I have in the universal law of gravitation. I believe that while these principles can be disturbed, they admit of no … [Read more...] about Leithner Letter Nos. 144-147

26 August 2011 - 26 November 2011 alone for the reduction of the administration of our government to the genuine principles of its Constitution; I mean an additional article, taking from the federal government the power of borrowing. Thomas Jefferson Letter to John Taylor 26 … [Read more...] about Leithner Letter Nos. 140-143

26 April 2011 - 26 July 2011 re and from coal, but they are going to last for some time. I think that the prices of those goods, given the growth in Asia, given the demand in Asia, given the fact there’s a construction boom in Asia which will last for a long time. That will mean … [Read more...] about Leithner Letter Nos. 136-139